2024 May Be The Year Holiday Sales Hit The $1T Mark
US holiday retail sales are expected to near $1 trillion in 2024, supported by strong job growth despite consumer caution and a shorter shopping season.
The Golden Age of High-Yields Is Fading, Prompting Savers To Seek Alternatives
As the Fed cuts rates, high-yield savings are disappearing. See how savers are adjusting their strategies to navigate a new landscape of lower returns.
Apple’s Vision Pro Faces App Drought as Developers Look the Other Way
Apple's Vision Pro faces a severe app drought and declining sales as developers await a mass-market version of the headset.
Tesla’s Robotaxi “Flop” Stuck in Traffic as Competitors Zoom By
Tesla stock drops as investors favor Uber, Lyft, and Waymo following the underwhelming Cybercab debut.
The S&P 500 Has Exceeded Wall Street’s Full-Year Forecast By 20%, Raising Concerns About An Impending Correction
The S&P 500 has outperformed annual forecasts by 20%, sparking analyst warnings that rapid gains could lead to a sharp market correction.
Investors Face One-Year Transfer Delays At TreasuryDirect Due to Outdated Tech And Backlogs
Investors are experiencing year-long delays at TreasuryDirect due to outdated systems and surging bond demand, complicating access to government debt.
A Week After Helene, Record-Breaking Hurricane Milton Makes Landfall In Florida — Threatening Nine-Figure Damages
Hurricane Milton hits Florida with record-breaking force, causing massive infrastructure damage and testing the stability of the state's insurance market.
Hackers Target America’s Largest Water Utility Amid a Record Year for Cyberattacks
American Water confirms a network breach, joining a growing list of critical infrastructure providers targeted by hackers in 2024.
Q3 2024 Earnings Season Set To Kick Into High Gear On Thursday, With Cautious Outlooks in Focus
Earnings season kicks off with key reports from major banks and retailers, as analysts monitor a growing trend of negative profit guidance.
Starboard Value Purchases A $1B Stake In Pfizer, Increasing Pressure on The Drugmaker’s Management
Starboard Value has acquired a $1B stake in Pfizer, seeking to drive management changes and improve cost discipline after the drugmaker's stock decline.
Google Rolls Out AI-Powered Ads, Balancing Profit and Innovation
Google launches ads within its AI Overviews feature to monetize generative search, balancing innovation with its core advertising business model.
